Housing Wire

DECEMBER 1, 2020

Lindsay Bhandari, Vice President, Capital Markets and Treasury Technology Management Fannie Mae. Lindsay Bhandari is a strategic problem solver with a proven history of delivering high-value, complex technology solutions that align business and technology goals. The portal received a 2020 Stevie Award for Top FinTech solution.

Technology 281

Technology Development Business Marketing 281

Housing Wire

MARCH 17, 2023

Candor Technology Inc. , a mortgage artificial intelligence firm focused on automated mortgage underwriting decisions, has conducted layoffs as lenders rush to cut costs. With various headwinds working against the mortgage industry, Candor is in a position of optimizing personnel levels, Showalter explained.

Mortgage 311

Mortgage Clients Technology Development 311

Housing Wire

SEPTEMBER 30, 2020

Robert D’Urbano, Chief Information Officer, Freedom Mortgage Corporation. Robert D’Urbano joined Freedom Mortgage in 2005 and guides the development of system improvements and assuring operational readiness of all corporate systems. In June, Freedom Mortgage originated more than $11 billion in loans.

Technology 222

Technology Development Design Mortgage 222

Housing Wire

APRIL 13, 2022

Despite advances in technology, the mortgage industry still lacks efficiency. Mortgage executives are aware of a problem: despite billions of dollars in technology investments , the mortgage industry still largely looks like it did two decades ago. Bank Home Mortgage. But it’s a challenge.

Mortgage 363

Mortgage Technology Development Finance 363

Housing Wire

DECEMBER 28, 2020

The number of mortgages in active forbearance rose by 20,000 last week, according to a Friday report from Black Knight. Though the raw number increased, the number of mortgages in active forbearance remained at 5.3%, unchanged from the week prior. How 2020 raised the stakes for the mortgage industry.

Mortgage 429

Mortgage Inventory Technology Development 429

Housing Wire

NOVEMBER 30, 2020

For the last two years, Campbell has worked to select, implement and adopt more than 14 technologies for an end-to-end digital mortgage solution including an MOS, POS, and COS, collaborative operating system for BI data across all tools. Campbell quickley recognized the growing adoption of an online mortgage in the consumer market.

Technology 228

Technology Tools Clients Development 228

Housing Wire

APRIL 25, 2024

Photo credit: AJ Canaria Reverse mortgages became an unexpectedly prominent topic during certain parts of The Gathering by HousingWire , held earlier this week in Scottsdale, Arizona. Reverse mortgages for purchase are taking up more conversation on the reverse side of the business recently.

Mortgage 287

Mortgage Finance Real Estate Best Value 287

Housing Wire

MARCH 6, 2024

Pennymac Financial Services has made changes to its technology leadership, creating a new role focused on digital innovations, the company announced on Tuesday. They also come as the mortgage industry is making efforts to adopt artificial intelligence solutions to improve productivity and better assist customers.

Technology 363

Technology Retail Contracts Tools 363

Housing Wire

SEPTEMBER 26, 2023

Dovenmuehle Mortgage , a top mortgage subservicing company, has appointed Robert Howerton as chief information officer to oversee the company’s IT infrastructure, the company announced on Tuesday. His responsibilities will include maintaining and expanding Dovenmuehle’s current information technology (IT) infrastructure.

Technology 323

Technology Modernization Development Mortgage 323

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona.

Mortgage 280

Mortgage Real Estate Agent Real Estate Renovations 280

Appraisal Buzz

MAY 14, 2024

Vikas Rao has joined Dark Matter Technologies as deputy chief product officer. Rao has over 15 years of experience in software engineering, product management and technology leadership spanning public and private companies within the mortgage industry and in Silicon Valley’s startup scene.

Technology 195

Technology Development Mortgage Appraisal 195

Housing Wire

DECEMBER 1, 2020

LBA Ware founder and CEO Lori Brewer is an accomplished entrepreneur and technology leader, having dedicated her career to developing innovative business process optimization tools for mortgage lenders. The post 2020 HW Tech Trendsetter: Lori Brewer appeared first on HousingWire.

Technology 207

Technology Tools Development Business 207

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 367

Insurance Real Estate Technology Loan Officers 367

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. Desmond Smith: There are two ways to get a mortgage — wholesale or retail.

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history. In turn, mortgage companies need to get with the times, implement technology and improve efficiency.

Mortgage 506

Mortgage Inventory Real Estate Technology 506

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”.

Mortgage 287

Mortgage Technology Lending Modernization 287

Housing Wire

MARCH 18, 2024

million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. In March 2020, the companies entered arbitration. PennyMac Financial Services has paid $158.4 An arbitrator issued the final award on Jan.

Legal 328

Legal Contracts Technology Development 328

Housing Wire

MAY 5, 2021

Rocket Mortgage originated more than $100 billion in mortgages for yet another quarter, but profit margins are trending down. And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. billion, a dramatic increase from the $99 million in profit the first quarter of 2020.

Mortgage 405

Mortgage Real Estate Agent Real Estate Clients 405

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

DECEMBER 15, 2021

Toronto-based cryptocurrency lending platform Ledn has raised $70 million in a Series B funding round to support the growth of its digital assets lending business, including a new Bitcoin-backed mortgage product. Regarding the mortgage industry, the acceptance of cryptocurrencies by investors lags the development of new products.

Mortgage 412

Mortgage Clients Lending Investors 412

Housing Wire

FEBRUARY 5, 2021

Over the years Rick has built and sold multiple companies in the mortgage industry. ReadyPrice launched in July 2020 and was acquired by SitusAMC in December as part of their expansion into loan origination. #2. Although ReadyPrice is a young company, the base-technology that it is built on was developed by Rick over 20 years ago.

Mortgage 251

Mortgage Technology Development Real Estate 251

Housing Wire

MARCH 25, 2021

Digital mortgage and fulfillment platform Maxwell has raised $16.3 Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. mortgage market. Presented by: Sutherland.

Mortgage 370

Mortgage Lending Technology Loan Officers 370

Housing Wire

DECEMBER 5, 2023

An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry, Black Knight Servicing Technologies and PennyMac Financial Services. In March 2020, the companies entered arbitration. per share.

Contracts 369

Contracts Development Legal Law 369

Housing Wire

FEBRUARY 3, 2021

In a bid to aid borrowers, the Department of Housing and Urban Development announced on Wednesday a series of temporary waivers that will allow servicers to use alternative methods when servicing FHA -insured forward and reverse mortgages. 17, 2020 but were set to expire Feb.

Mortgage 437

Mortgage Insurance Lending Retail 437

Housing Wire

AUGUST 3, 2021

Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. Rocket Companies’ CEO Jay Farner said in a statement that the company has the “technology and expertise to provide the best experience possible for homeowners who want to go green.”.

Mortgage 393

Mortgage Clients Lending Technology 393

Housing Wire

NOVEMBER 23, 2021

Chicago-based Interfirst Mortgage Co. To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020.

Mortgage 353

Mortgage Loan Officers Retail Technology 353

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 338

Mortgage Loan Officers Retail Training 338

Housing Wire

DECEMBER 2, 2021

The mortgage industry is contending with a loan-underwriter shortage that has acted like a governor on an engine — slowing the pace of a fast-growing private-label securitization market. One solution advanced is to simply develop and recruit more underwriters for the private-label market. It is complex, with multiple, varied causes.

Mortgage 329

Mortgage Technology Development Marketing 329

Housing Wire

DECEMBER 17, 2021

As we approach 2022, some concerning headwinds confront the mortgage origination industry. For companies to survive and thrive, mortgage executives must focus on three primary factors: risk, strategy and efficiency. There are many mortgage firms that have prospered in 2020 and 2021 due to ultra-low rates.

Mortgage 348

Mortgage Development Business Technology 348

Housing Wire

APRIL 22, 2022

Nima Ghamsari, CEO and founder of mortgage fintech Blend Labs. Publicly traded mortgage tech company Blend Labs isn’t changing its strategy to survive a shrinking mortgage market, even though a drop in originations is sapping its revenue stream and forcing it to trim its workforce. million per year in savings.

Mortgage 361

Mortgage Marketing Human Resources Clients 361

Housing Wire

FEBRUARY 13, 2023

Non-QM lender Deephaven Mortgage, owned by alternate investment firm Pretium, has appointed Aaron Drago as its chief operating officer. Last month, Deephaven tapped business development veteran Tyler Bohn as its managing director of national accounts. million security backed by non-QM mortgages. among others. among others.

Mortgage 299

Mortgage Government Business Technology 299

Housing Wire

FEBRUARY 23, 2021

Rocket Mortgage will receive a tax subsidy worth up to $9.6 Governor Jon Husted on Monday said the Ohio Tax Credit Authority approved an expansion project for tax credit assistance for Rocket Mortgage, whose parent company made over $6.6 billion in profits through the first three quarters of 2020. Presented by: Black Knight.

Mortgage 293

Mortgage Human Resources Technology Finance 293

Housing Wire

FEBRUARY 6, 2023

trillion mortgage servicing sector shouldn’t be “disrupted” by financial technology, it should be reimagined with fintech. Most new-to-mortgage fintech folks who overuse the word “disruptor” will start by asking, “What are your requirements?” These needs must be met with, or without, modernized technology.

Mortgage 289

Mortgage Investors Technology Modernization 289

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Mortgage Insurers (USMI) as its president in 2023.

Development 320

Development Insurance Finance Mortgage 320

Housing Wire

SEPTEMBER 12, 2023

These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). For many of these transaction-oriented, monoline mortgage lenders, it’s always a question of feast or famine. Mortgage loan volume in the second quarter of 2023 was down 56% from the same period last year, according to ATTOM.

Mortgage 354

Mortgage Investors Business Lending 354

Housing Wire

JULY 12, 2021

Venture capital-backed mortgage lender Better.com is going international. The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. since early 2020, with plans to usurp the traditional mortgage brokerages that dominate the U.K.’s

Brokerage 359

Brokerage Mortgage Loan Officers Finance 359

Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% across U.S.

Lending 402

Lending Mortgage Sellers Technology 402